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Ocean Group JSC (STC:OGC) Days Payable : 54.19 (As of Dec. 2023)


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What is Ocean Group JSC Days Payable?

Ocean Group JSC's average Accounts Payable for the three months ended in Dec. 2023 was ₫57,109 Mil. Ocean Group JSC's Cost of Goods Sold for the three months ended in Dec. 2023 was ₫96,171 Mil. Hence, Ocean Group JSC's Days Payable for the three months ended in Dec. 2023 was 54.19.

The historical rank and industry rank for Ocean Group JSC's Days Payable or its related term are showing as below:

STC:OGC' s Days Payable Range Over the Past 10 Years
Min: 21.24   Med: 32.86   Max: 74.67
Current: 29.47

During the past 13 years, Ocean Group JSC's highest Days Payable was 74.67. The lowest was 21.24. And the median was 32.86.

STC:OGC's Days Payable is ranked worse than
81.88% of 469 companies
in the Conglomerates industry
Industry Median: 58.29 vs STC:OGC: 29.47

Ocean Group JSC's Days Payable increased from Dec. 2022 (50.70) to Dec. 2023 (54.19). It may suggest that Ocean Group JSC delayed paying its suppliers.


Ocean Group JSC Days Payable Historical Data

The historical data trend for Ocean Group JSC's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ocean Group JSC Days Payable Chart

Ocean Group JSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.71 34.46 33.17 24.61 21.24

Ocean Group JSC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 50.70 35.17 28.02 22.40 54.19

Competitive Comparison of Ocean Group JSC's Days Payable

For the Conglomerates subindustry, Ocean Group JSC's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ocean Group JSC's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Ocean Group JSC's Days Payable distribution charts can be found below:

* The bar in red indicates where Ocean Group JSC's Days Payable falls into.



Ocean Group JSC Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Ocean Group JSC's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

Days Payable (A: Dec. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (38140.82 + 23356.49) / 2 ) / 528378.396*365
=30748.655 / 528378.396*365
=21.24

Ocean Group JSC's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (90861.275 + 23356.49) / 2 ) / 96170.947*365 / 4
=57108.8825 / 96170.947*365 / 4
=54.19

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ocean Group JSC Days Payable Related Terms

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Ocean Group JSC (STC:OGC) Business Description

Traded in Other Exchanges
N/A
Address
No. 01 Trung Hoa, Ocean office building, Cau Giay, Hanoi, VNM
Ocean Group JSC is a Vietnam based company engaged in the business fields of Financial business, Hotel business; Real estate business; and BOT Investment. In the Financial business, the group provides a full range of professional securities services in the capital market, including securities brokerage, securities depository, and securities investment advisory service.

Ocean Group JSC (STC:OGC) Headlines

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